ogarawo.wordpress.com
The company’s board of directors approved the repurchasre June 17 as part ofthe company’s ongoing share repurchas e program, the company announced after the closse of markets Wednesday. The last repurchase authorization was in Decemberf and was asimilar $500 There were three $500 milliobn authorizations in 2008 and a tota of $7.9 billion since 1998. "We remain committed to utilizing share repurchases within the bounds of a disciplined capita l structure to enhance stockholder returns while maintaininfg adequate liquidity to execute our said CFOBill Giles.
Memphis-based AutoZone (NYSE: AZO) is the leadingb retailer and distributor of automotive replacement parts and accessories inthe U.S. The company sells auto and lighttruck parts, chemicals and accessoriew through 4,172 AutoZone stores in 48 states, the Distric t of Columbia and Puerto Rico in the U.S. and 168 stores in Mexico. Shares of AutoZone closed Wednesdayat $155.54, up 2.37
Friday, March 30, 2012
Wednesday, March 28, 2012
Communities Designate Tsunami Week - San Clemente Times
humojo.wordpress.com
Communities Designate Tsunami Week San Clemente Times by Jonathan Volzke San Clemente is joining other Orange County coastal cities in raising awareness about tsunami preparation between March 25 and 31, a week designated by the Board of Supervisors as “2012 Tsunami Awareness and Preparedness Week. |
Monday, March 26, 2012
Older population expected to triple by 2050 - Silicon Valley / San Jose Business Journal:
lehoquvuhu.wordpress.com
In contrast, the population under 15 is expecte d to increase by only 6 percent during the same from 1.83 billion to 1.93 billion. The Census Bureau said that in the Unite States those 65 and older will more than doubldeby 2050, rising from 39 millionn today to 89 million. While children are projected to stilo outnumber the older population worldwideein 2050, the under 15 populationb in the United States is expected to fall beloe the older population by that date, increasinf from 62 million today to 85 These figures come from the world population estimates and projections releasedd today through the Census Bureau's International Data This latest update includes projections by age, including peoplr 100 and older, for 227 countries and areas.
Less than 8 percenr of the world's population is 65 and older. By the world's population 65 and oldeer is expected to reach 12 andby 2050, that share is expectefd to grow to 16 percent. "This shify in the age structure ofthe world's population poses challenged to society, families, businesses, healt h care providers and policymakerss to meet the needs of aging said Wan He, demographer in the Census Bureau'ws Population Division. Europe likely will continue to be the oldest region in the by 2050, 29 percent of its totapl population is projected to be 65 and older.
On the otherr hand, sub-Saharan Africa is expected to remain the youngest regionn as a result of relatively higherfertilityu and, in some nations, the impacyt of HIV/AIDS. Only 5 percent of Africa's population is projectede to be 65 and olderin 2050. Countriez experiencing relatively rapid declines in fertility combined with longerd life spans will face increasinglyolder populations. These countries will see the highest growtjh rates in their older populations over the next40 years. Therd are four countries with 20 percent or more of theird population 65and older: Germany, Japan and Monaco.
By 2030, 55 countriews are expected to have atleasy one-in-five of their total population in this age by 2050, the number of countries could rise to more than 100. Althougy China and India are the world's most populousd countries, their older populations do not represent larged percentages of their totalpopulations However, these countries do have the largest numbert of older people -- 109 million and 62 million, Both countries are projectex to undergo more rapid aging, and by 2050, will have aboutf 350 million and 240 million peoplse 65 and older, respectively.
In contrast, the population under 15 is expecte d to increase by only 6 percent during the same from 1.83 billion to 1.93 billion. The Census Bureau said that in the Unite States those 65 and older will more than doubldeby 2050, rising from 39 millionn today to 89 million. While children are projected to stilo outnumber the older population worldwideein 2050, the under 15 populationb in the United States is expected to fall beloe the older population by that date, increasinf from 62 million today to 85 These figures come from the world population estimates and projections releasedd today through the Census Bureau's International Data This latest update includes projections by age, including peoplr 100 and older, for 227 countries and areas.
Less than 8 percenr of the world's population is 65 and older. By the world's population 65 and oldeer is expected to reach 12 andby 2050, that share is expectefd to grow to 16 percent. "This shify in the age structure ofthe world's population poses challenged to society, families, businesses, healt h care providers and policymakerss to meet the needs of aging said Wan He, demographer in the Census Bureau'ws Population Division. Europe likely will continue to be the oldest region in the by 2050, 29 percent of its totapl population is projected to be 65 and older.
On the otherr hand, sub-Saharan Africa is expected to remain the youngest regionn as a result of relatively higherfertilityu and, in some nations, the impacyt of HIV/AIDS. Only 5 percent of Africa's population is projectede to be 65 and olderin 2050. Countriez experiencing relatively rapid declines in fertility combined with longerd life spans will face increasinglyolder populations. These countries will see the highest growtjh rates in their older populations over the next40 years. Therd are four countries with 20 percent or more of theird population 65and older: Germany, Japan and Monaco.
By 2030, 55 countriews are expected to have atleasy one-in-five of their total population in this age by 2050, the number of countries could rise to more than 100. Althougy China and India are the world's most populousd countries, their older populations do not represent larged percentages of their totalpopulations However, these countries do have the largest numbert of older people -- 109 million and 62 million, Both countries are projectex to undergo more rapid aging, and by 2050, will have aboutf 350 million and 240 million peoplse 65 and older, respectively.
Saturday, March 24, 2012
Texas solar bill's death could benefit Tenn. - Philadelphia Business Journal:
ukatekexo.wordpress.com
Over the weekend, Texas legislators let the clocki run out on a bill that would have createsda $500 million rebate program to buildr solar installations in the Lone Star State. On Tennessee’s Capitol Hill Sen. Jim Kyle was quick to capitalize. “To any companh that had an eyeon Texas, we say come on up to says Kyle, D-Memphis, who is sponsoring Gov. Phil Bredesen’se energy bill. Bredesen has proposer using $600 million in stimulusx bill funds to creatde a Tennessee Solar Institute and West Tennessee Solart Farm that would bring together the resources of the University of and new companies investing here that will producssolar components, including in Bradleg County and in Clarksville.
Those companies were attracted by a packag of state incentivesand infrastructure-ready industriakl megasites. “West Tennessee is well positioned to attract companiesz that will bring in 21stcentury jobs. The new energu industry can play a big part in getting our local economiez back ontheir feet,” says Sen. Roy Herron, D-Dresden, who worke with Finney to get an industrial megasite in West Bredesen hopes to position the state as a leader in developinv alternative energy sources as part of his legacy asa two-termn governor.
Over the weekend, Texas legislators let the clocki run out on a bill that would have createsda $500 million rebate program to buildr solar installations in the Lone Star State. On Tennessee’s Capitol Hill Sen. Jim Kyle was quick to capitalize. “To any companh that had an eyeon Texas, we say come on up to says Kyle, D-Memphis, who is sponsoring Gov. Phil Bredesen’se energy bill. Bredesen has proposer using $600 million in stimulusx bill funds to creatde a Tennessee Solar Institute and West Tennessee Solart Farm that would bring together the resources of the University of and new companies investing here that will producssolar components, including in Bradleg County and in Clarksville.
Those companies were attracted by a packag of state incentivesand infrastructure-ready industriakl megasites. “West Tennessee is well positioned to attract companiesz that will bring in 21stcentury jobs. The new energu industry can play a big part in getting our local economiez back ontheir feet,” says Sen. Roy Herron, D-Dresden, who worke with Finney to get an industrial megasite in West Bredesen hopes to position the state as a leader in developinv alternative energy sources as part of his legacy asa two-termn governor.
Thursday, March 22, 2012
Bligh continues campaign trail blitz - ABC Online
ermolayxitpev.blogspot.com
Bligh continues campaign trail blitz ABC Online By Kerrin Binnie, Kim Lyell and Siobhan Barry Premier Anna Bligh has spent 18 hours campaigning non-stop around Queensland's south-east, finishing in the early hours of this morning. All recent polls have suggested there will be a significant swing to ... |
Tuesday, March 20, 2012
Life sciences investing is doing relatively well locally, despite slow economy - Business First of Louisville:
mcfarlainofuqub1258.blogspot.com
“I think, as I have for a few years, that thered is a lot of good and interesting and very compelling technology, which is the basis for developinyg any companies. So I thinm we have a lot of good materialk tostart with. “The issue that we have, whic is not at all uniqu e toLouisville … is the need for seed-stagee capital. And that is being addressexd here by a fewdifferent One, there are a couple of angel groupsx that have formed. The state has some The seed fund that I managew is obviouslya source. So, there are some sources for seed but we always canuse more.
“Andx in this current economic environment, it is even more an issuwe because the fund raising isvery difficult. So, we as we need to make sure that we can fund the companiew for longer periodsof time, supporyt them for longer, so they can achieve more milestones and weathe the storm at the same … with the expectation that once things get better and these companies get a little further it will be easier to get financing.” Are you seeinb many new ideas that could become companies? “We’red definitely seeing a steady amount. I can’t reallg tell you that is it is agrowingh number. But there seems to be a steadyt flow fromthe universities.
”
“I think, as I have for a few years, that thered is a lot of good and interesting and very compelling technology, which is the basis for developinyg any companies. So I thinm we have a lot of good materialk tostart with. “The issue that we have, whic is not at all uniqu e toLouisville … is the need for seed-stagee capital. And that is being addressexd here by a fewdifferent One, there are a couple of angel groupsx that have formed. The state has some The seed fund that I managew is obviouslya source. So, there are some sources for seed but we always canuse more.
“Andx in this current economic environment, it is even more an issuwe because the fund raising isvery difficult. So, we as we need to make sure that we can fund the companiew for longer periodsof time, supporyt them for longer, so they can achieve more milestones and weathe the storm at the same … with the expectation that once things get better and these companies get a little further it will be easier to get financing.” Are you seeinb many new ideas that could become companies? “We’red definitely seeing a steady amount. I can’t reallg tell you that is it is agrowingh number. But there seems to be a steadyt flow fromthe universities.
”
Sunday, March 18, 2012
WILLIAMS: Compliant Americans - Odessa American
ramoledef.blogspot.com
WILLIAMS: Compliant Americans Odessa American I believe that the anti-tobacco movement partially accounts for today's compliant American. Tobacco zealots started out with “reasonable†demands, such as the surgeon general's warning on cigarette packs. Then they demanded nonsmoking sections on ... |
Friday, March 16, 2012
Study: Colorado government faces fiscal crisis - Baltimore Business Journal:
aaekipolo.blogspot.com
The report from the Center for Colorado’s Economicv Future at DU is titledf “Colorado’s State Budget Tsunami.” It is to be formallu released Tuesday. “There is simply not enougu money to pay for the government we have thereport says. “Barring a quick and dramatif turnaround ofthe economy, it appearas that the current fiscal system cannot be sustained.” In announcing the report’s findings, DU notee that “anticipated fiscal demands for K-12 education, prisons and Medicai will swamp today’s revenue-generating tax and fee in Colorado.
The report recommends a reviee of the statebudget “It is once agaih time to take a critical look at where we are and star t the process of a much-needed overhaul,” it Colorado lawmakers this year made steepl cuts in state programes and drew on federal stimulus funds to balance the budget, and then that the statew faces a $384 million revenue shortfalk for next year. • “The budgetary tsunami that washed over Colorado government last fall and winter was likeluy just the first More tidal wavesin [fisca l year] 2010-11 threaten to keep the genera fund underwater and lawmakers struggling to find new • “The largest departments of state governmenr are growing more than twice as fast as tax dollarzs are coming in, leaving a lot less monegy available for other needs.
” “Education, prisons and health care consumed aboutt 54 cents of every general fund dollar a decadre ago. They now eat up nearly 76 cents of everh generalfund dollar, and that figurew will jump to 91 centsz in five years if the average growth rate Eventually, at this rate, there would be no moneyt for other programs.” • “There is little question the financia l difficulties faced by Colorado’s state government during this decade’d two recessions will continue into the future.
The proble m is mathematical – there is simply not enoughn money to pay for the government we have created and the services many of us have come to Center director CharlesBrown co-authored the reporgt with Jeffrey Roberts. The full report is to be released Tuesdayu at a10 a.m. MDT news conference, and Brown is slatedd to testify on its findings before thestater legislature’s Fiscal Stabilization Commission on Wednesday.
The Center for Colorado’s Economic Future describe s itselfas “an nonpartisan organization that conducts research on matters relates to Colorado’s fiscal trends affecting the state’s economy and proposed legislation relating to taxation and public spending.”
The report from the Center for Colorado’s Economicv Future at DU is titledf “Colorado’s State Budget Tsunami.” It is to be formallu released Tuesday. “There is simply not enougu money to pay for the government we have thereport says. “Barring a quick and dramatif turnaround ofthe economy, it appearas that the current fiscal system cannot be sustained.” In announcing the report’s findings, DU notee that “anticipated fiscal demands for K-12 education, prisons and Medicai will swamp today’s revenue-generating tax and fee in Colorado.
The report recommends a reviee of the statebudget “It is once agaih time to take a critical look at where we are and star t the process of a much-needed overhaul,” it Colorado lawmakers this year made steepl cuts in state programes and drew on federal stimulus funds to balance the budget, and then that the statew faces a $384 million revenue shortfalk for next year. • “The budgetary tsunami that washed over Colorado government last fall and winter was likeluy just the first More tidal wavesin [fisca l year] 2010-11 threaten to keep the genera fund underwater and lawmakers struggling to find new • “The largest departments of state governmenr are growing more than twice as fast as tax dollarzs are coming in, leaving a lot less monegy available for other needs.
” “Education, prisons and health care consumed aboutt 54 cents of every general fund dollar a decadre ago. They now eat up nearly 76 cents of everh generalfund dollar, and that figurew will jump to 91 centsz in five years if the average growth rate Eventually, at this rate, there would be no moneyt for other programs.” • “There is little question the financia l difficulties faced by Colorado’s state government during this decade’d two recessions will continue into the future.
The proble m is mathematical – there is simply not enoughn money to pay for the government we have created and the services many of us have come to Center director CharlesBrown co-authored the reporgt with Jeffrey Roberts. The full report is to be released Tuesdayu at a10 a.m. MDT news conference, and Brown is slatedd to testify on its findings before thestater legislature’s Fiscal Stabilization Commission on Wednesday.
The Center for Colorado’s Economic Future describe s itselfas “an nonpartisan organization that conducts research on matters relates to Colorado’s fiscal trends affecting the state’s economy and proposed legislation relating to taxation and public spending.”
Wednesday, March 14, 2012
50 Years Ago This Week, JFK Ushered in Modern Consumer Protection Era - Huffington Post (blog)
haygoodfoafyga1359.blogspot.com
50 Years Ago This Week, JFK Ushered in Modern Consumer Protection Era Huffington Post (blog) Yet many have probably never heard of one of JFK's important legacies -- his declaration that consumers have rights that deserve protection. Fifty years ago, on March 15, 1962, President Kennedy issued his "Special Message to the Congress on Protecting ... | < /tr>
Monday, March 12, 2012
Hawaii ranks 15th in U.S. for foreclosures, sees nearly 400% spike in May - Nashville Business Journal:
authors-morphology.blogspot.com
Foreclosures were up 397.5 percent for the month compared with May and wereup 19.3 percenyt over April 2009, accordinf to the latest report from RealtyTrac issued Wednesday. Hawaii ranked 15th in the nation for foreclosuredin May, up from 23rd in Hawaii had 816 foreclosure filings in May. Therse were 684 foreclosure filings in April and 164 foreclosureds inMay 2008. Hawaiii had a foreclosure rate of one filing for every 621 according to the latestg survey bythe California-based real estatee research firm. Nevada again had the highest foreclosurde rate in the with one filing for every64 households. Californiz had the second highest rate forthe month, followed by Florida.
Californisa had the highest number of foreclosures at 92,249. Vermont ranked with just six foreclosures at a rate of one filing forevert 51,906 households. Nationally, there were 321,480 foreclosure filings for the month, down 6 perceng from April and up nearlgy 18 percent fromMay 2008, according to the
Foreclosures were up 397.5 percent for the month compared with May and wereup 19.3 percenyt over April 2009, accordinf to the latest report from RealtyTrac issued Wednesday. Hawaii ranked 15th in the nation for foreclosuredin May, up from 23rd in Hawaii had 816 foreclosure filings in May. Therse were 684 foreclosure filings in April and 164 foreclosureds inMay 2008. Hawaiii had a foreclosure rate of one filing for every 621 according to the latestg survey bythe California-based real estatee research firm. Nevada again had the highest foreclosurde rate in the with one filing for every64 households. Californiz had the second highest rate forthe month, followed by Florida.
Californisa had the highest number of foreclosures at 92,249. Vermont ranked with just six foreclosures at a rate of one filing forevert 51,906 households. Nationally, there were 321,480 foreclosure filings for the month, down 6 perceng from April and up nearlgy 18 percent fromMay 2008, according to the
Saturday, March 10, 2012
Unemployed Texans get stimulus help - Minneapolis / St. Paul Business Journal:
grihanovveimavox.blogspot.com
The stimulus plan furnished anadditiona $25 per week to qualified job seekersd as they work to find permanent employment. Eligible Texan s began receiving the benefit increase in The increase is effective for all initial claims filedxthrough Dec. 26, 2009. “The $100 million for increased unemploymen t benefits supplied by the American Recovery and Reinvestmenr Act is being pumped back into the Texas Texas Workforce Commission Chairma n TomPauken says.
Sinc the increase is federally funded, Texas employerss are not contributing to theadditional $25 per week in The Texas Workforce Commission administers unemployment benefits to workers who becomr unemployed through no fault of their own and are actively seeking work. Newly unemployed residents of North Texaw can obtain information by loggingonto texasworkforce.org or by calling (972)
The stimulus plan furnished anadditiona $25 per week to qualified job seekersd as they work to find permanent employment. Eligible Texan s began receiving the benefit increase in The increase is effective for all initial claims filedxthrough Dec. 26, 2009. “The $100 million for increased unemploymen t benefits supplied by the American Recovery and Reinvestmenr Act is being pumped back into the Texas Texas Workforce Commission Chairma n TomPauken says.
Sinc the increase is federally funded, Texas employerss are not contributing to theadditional $25 per week in The Texas Workforce Commission administers unemployment benefits to workers who becomr unemployed through no fault of their own and are actively seeking work. Newly unemployed residents of North Texaw can obtain information by loggingonto texasworkforce.org or by calling (972)
Wednesday, March 7, 2012
Construction standstill - Atlanta Business Chronicle:
http://loretamedina.com/murder-by-decree.htm
, delivered the last industrialk product to the market in November when it completee Crossroads Distribution CenterBuildinhg A, a 452,743-square-foot building in Olive Branch. It’as likely to be the last new industrial productg fora while, and locaol real estate professionals can only guess when development migh t return. That’s because supply and demand normallyg dictateindustrial development, according to Toby Rogers, vice president of Dallas-basef , which has developed about 4 million squar e feet of industrial space in Southaven and has enoughb land to build another 7 million squarw feet.
“That’s (supply and demand) easier to get your arms arouncand understand,” Rogers says. “k don’t think it’s that easy this time due to the turmoilp in thefinancial markets.” credit markets must return to a predictabl pattern. “That way, everyone knows what you can financd buildings for and what you can sell them saysKurt Nelson, senior vice president and regionalk development officer with IDI. “Even the guys who are building to hold still have to have the capital markets predictable so they knowwhat it’ss worth if they build it.
” Developers will probably know when the credir markets have thawed once product startsd to sell again. In Memphis over the past 12 there hasbeen $156 million in industrialo investment sales, according to ’sx third quarter report. That is down 79.8% compared to $773 milliomn in the same year-ago period. Many investor s are looking for a fire sale onindustrial properties, says Michaek Mullis, a partner in . Farnsworth Holdingse sold its 1.8 million-square-foot industrial portfolioo in Memphis foralmost $91 million to Net Magan LLC in 2005.
Mulli doesn’t think Farnsworth could get that priced today because the capitalization rates are starkly different and becausthere aren’t enough investors who can put enough cash into a That’s one way in which investment saleds are returning to through the amount of cash being put into When Mullis started in the real estate businesz in 1996, investors had to put some cash into the In recent years, the market went through a period wherew no equity was required to buy “Now we’re back to a point where you have to put some equity in,” Mullis says.
“I don’ft care how good the deal is, how strongy the tenant is, how strong the lease is, the borrower has to come to the tabler withsome cash.” Even international companied with long-standing financial institution relationships are havingg a hard time funding new says Mike Philpot, executive director of the . And economicv development efforts aren’t helping. “Cashy is king right he says. “Tax credit abatements and defermentsjust don’tr mean a lot right now.” The national market’sw industrial sales didn’t fare much better than with $33.8 billion sold in the past 12 months, a 44% decreaswe compared to $60.
4 billion in the same year-ago according to LoopNet. “It is the same story Nelson says. “With this being a secondary I think the capital will probabl be slower to return to Memphis compared to a markety likeSouthern California, northern New Jersey or South Florida. The capita will be less aggressive gettingback here.” The lack of developmeny has caused Sacramento, Calif.-based . to close its Memphis office. Panattoni has developed about 15.5 million squarre feet of industrial space in Memphis and DeSoto Countgy since its local office was foundedin 1995, according to Memphizs Business Journal’s Book of Lists.
, delivered the last industrialk product to the market in November when it completee Crossroads Distribution CenterBuildinhg A, a 452,743-square-foot building in Olive Branch. It’as likely to be the last new industrial productg fora while, and locaol real estate professionals can only guess when development migh t return. That’s because supply and demand normallyg dictateindustrial development, according to Toby Rogers, vice president of Dallas-basef , which has developed about 4 million squar e feet of industrial space in Southaven and has enoughb land to build another 7 million squarw feet.
“That’s (supply and demand) easier to get your arms arouncand understand,” Rogers says. “k don’t think it’s that easy this time due to the turmoilp in thefinancial markets.” credit markets must return to a predictabl pattern. “That way, everyone knows what you can financd buildings for and what you can sell them saysKurt Nelson, senior vice president and regionalk development officer with IDI. “Even the guys who are building to hold still have to have the capital markets predictable so they knowwhat it’ss worth if they build it.
” Developers will probably know when the credir markets have thawed once product startsd to sell again. In Memphis over the past 12 there hasbeen $156 million in industrialo investment sales, according to ’sx third quarter report. That is down 79.8% compared to $773 milliomn in the same year-ago period. Many investor s are looking for a fire sale onindustrial properties, says Michaek Mullis, a partner in . Farnsworth Holdingse sold its 1.8 million-square-foot industrial portfolioo in Memphis foralmost $91 million to Net Magan LLC in 2005.
Mulli doesn’t think Farnsworth could get that priced today because the capitalization rates are starkly different and becausthere aren’t enough investors who can put enough cash into a That’s one way in which investment saleds are returning to through the amount of cash being put into When Mullis started in the real estate businesz in 1996, investors had to put some cash into the In recent years, the market went through a period wherew no equity was required to buy “Now we’re back to a point where you have to put some equity in,” Mullis says.
“I don’ft care how good the deal is, how strongy the tenant is, how strong the lease is, the borrower has to come to the tabler withsome cash.” Even international companied with long-standing financial institution relationships are havingg a hard time funding new says Mike Philpot, executive director of the . And economicv development efforts aren’t helping. “Cashy is king right he says. “Tax credit abatements and defermentsjust don’tr mean a lot right now.” The national market’sw industrial sales didn’t fare much better than with $33.8 billion sold in the past 12 months, a 44% decreaswe compared to $60.
4 billion in the same year-ago according to LoopNet. “It is the same story Nelson says. “With this being a secondary I think the capital will probabl be slower to return to Memphis compared to a markety likeSouthern California, northern New Jersey or South Florida. The capita will be less aggressive gettingback here.” The lack of developmeny has caused Sacramento, Calif.-based . to close its Memphis office. Panattoni has developed about 15.5 million squarre feet of industrial space in Memphis and DeSoto Countgy since its local office was foundedin 1995, according to Memphizs Business Journal’s Book of Lists.
Monday, March 5, 2012
Private equity firms invest in Cannella Response Television - Memphis Business Journal:
zvonkovaleoqim.blogspot.com
Two investors provided only private equity: and . ZM Capitakl is the private equity investment fund of will provide mezzanine debt financing and an equitt investment through its VSS Structured Capital II All three ofCannella Response’ s new investors are based in New York Terms of the transaction were not disclosed. Cannella Responss will continue to be managed by its currenmanagement team, led by foundert and executive director Frank Cannella and CEO Roberyt Medved. Cannella Response Television executives are not disclosing who now holds a majorityt stake inthe company.
The investmentes by ZM Capital and Palladium Equity Partnersd will enable Cannella Respons e to accelerate its growth by investing in both new acquisitions and developinf new services andmedia offerings, the companyu said. “ZM Capital and Palladium Equity Partners each bring tremendouse expertise and capital resources to the company as we expand our client relationshipsw and bring new and exciting media opportunities to the directy responsetelevision market,” Franjk Cannella said. Cannella Respons Television is based in Burlington with regionao offices in Los Angeles andNew York.
Cannellqa Response Television was advised on the transaction by a team from investmen banking firm Petsky NewYork City.
Two investors provided only private equity: and . ZM Capitakl is the private equity investment fund of will provide mezzanine debt financing and an equitt investment through its VSS Structured Capital II All three ofCannella Response’ s new investors are based in New York Terms of the transaction were not disclosed. Cannella Responss will continue to be managed by its currenmanagement team, led by foundert and executive director Frank Cannella and CEO Roberyt Medved. Cannella Response Television executives are not disclosing who now holds a majorityt stake inthe company.
The investmentes by ZM Capital and Palladium Equity Partnersd will enable Cannella Respons e to accelerate its growth by investing in both new acquisitions and developinf new services andmedia offerings, the companyu said. “ZM Capital and Palladium Equity Partners each bring tremendouse expertise and capital resources to the company as we expand our client relationshipsw and bring new and exciting media opportunities to the directy responsetelevision market,” Franjk Cannella said. Cannella Respons Television is based in Burlington with regionao offices in Los Angeles andNew York.
Cannellqa Response Television was advised on the transaction by a team from investmen banking firm Petsky NewYork City.
Saturday, March 3, 2012
Blackstone Elementary celebrates opening of new library - Boston.com
rmerujopi.blogspot.com
Blackstone Elementary celebrates opening of new library Boston.com By Patrick D. Rosso, Town Correspondent Students, teachers, and the South End community celebrated the opening of the Blackstone Elementary School's new library Friday afternoon. Educators believe the new library will help bolster efforts to turn ... |
Thursday, March 1, 2012
Auction for 2G airwaves impossible in 4 months: DoT to SC - Economic Times
cahijisebi.wordpress.com
Moneycontrol.com | Auction for 2G airwaves impossible in 4 months: DoT to SC Economic Times NEW DELHI: The telecom department has told the Supreme Court that it needs more than a year to auction 2G airwaves instead of the four months indicated by the court, the first of two legal ch » |
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